Heller Foresees Tax Reform Passage in December
Senator Dean Heller, a Republican member of the Senate Finance Committee, stated that the best case scenario for tax reform is legislation passing in late December of this year. He predicted that the tax reform bill will lower rates, apply retroactively, and will attempt to decrease some regulations. Senator Heller anticipates a half dozen tax reform hearings from his committee prior to final edits and foresees the House of Representatives moving on a bill in September, followed by the Senate in October.